Strategy The Challenges of Human Resources Management 2012
- Slides: 19
Strategy The Challenges of Human Resources Management © 2012 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. 1– 1
Strategic Planning • Strategic Planning § Procedures for making decisions about the organization’s long-term goals and strategies – Strategy formulation: the process of deciding on a strategic direction by defining an organization’s mission and goals and its SWOTs • The process of devising structures and allocating resources to enact the strategy a company has choses – Strategy implementation: plans are enacted and put into place © 2012 Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in except useexcept as © 2012 Cengage Learning. All Rights Reserved. May not be copied, or duplicated, in part, whole or infor part, for use as permitted distributed with a certain product or service or otherwise on a password-protected website for classroom use. permittedinina alicense distributed a certain product or service or otherwise on a password-protected website for 2 of 36
Why Strategic Planning Is Important To All Managers • The firm’s strategic plan guides much of what is done by all to accomplish organizational goals. • Decisions made by managers depend on the goals set at each organizational level in support of higher level goals. © 2012 Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in except useexcept as © 2012 Cengage Learning. All Rights Reserved. May not be copied, or duplicated, in part, whole or infor part, for use as permitted distributed with a certain product or service or otherwise on a password-protected website for classroom use. permittedinina alicense distributed a certain product or service or otherwise on a password-protected website for 3 of 36
Strategic Planning Process • Strategic Human Resources Management (SHRM) § The pattern of human resources deployments and activities that enable an organization to achieve its strategic goals – Strategy formulation —providing input as to what is possible given the types and numbers of people available. – Strategy implementation —making primary resource allocation decisions about structure, processes, and human resources. © 2012 Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in except useexcept as © 2012 Cengage Learning. All Rights Reserved. May not be copied, or duplicated, in part, whole or infor part, for use as permitted distributed with a certain product or service or otherwise on a password-protected website for classroom use. permittedinina alicense distributed a certain product or service or otherwise on a password-protected website for 1– 4 4 of 36
Step One: Mission, Vision, and Values • Mission § The basic purpose of the organization as well as its scope of operations • Strategic Vision § A statement about where the company is going and what it can become in the future; clarifies the long-term direction of the company and its strategic intent • Core Values § The strong and enduring beliefs and principles that the company uses as a foundation for its decisions © 2012 Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in except useexcept as © 2012 Cengage Learning. All Rights Reserved. May not be copied, or duplicated, in part, whole or infor part, for use as permitted distributed with a certain product or service or otherwise on a password-protected website for classroom use. permittedinina alicense distributed a certain product or service or otherwise on a password-protected website for 1– 5 5 of 36
Merck & Co. ’s Mission and Values © 2012 Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in except useexcept as © 2012 Cengage Learning. All Rights Reserved. May not be copied, or duplicated, in part, whole or infor part, for use as permitted distributed with a certain product or service or otherwise on a password-protected website for classroom use. permittedinina alicense distributed a certain product or service or otherwise on a password-protected website for 6 of 36
Starbucks’ Corporate Mission Statement © 2012 Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in except useexcept as © 2012 Cengage Learning. All Rights Reserved. May not be copied, or duplicated, in part, whole or infor part, for use as permitted distributed with a certain product or service or otherwise on a password-protected website for classroom use. permittedinina alicense distributed a certain product or service or otherwise on a password-protected website for 7 of 36
Strategic Planning Process • Strategic Human Resources Management (SHRM) § The pattern of human resources deployments and activities that enable an organization to achieve its strategic goals – Strategy formulation —providing input as to what is possible given the types and numbers of people available. – Strategy implementation —making primary resource allocation decisions about structure, processes, and human resources. © 2012 Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in except useexcept as © 2012 Cengage Learning. All Rights Reserved. May not be copied, or duplicated, in part, whole or infor part, for use as permitted distributed with a certain product or service or otherwise on a password-protected website for classroom use. permittedinina alicense distributed a certain product or service or otherwise on a password-protected website for 1– 8 8 of 36
Type of Strategy at Each Company Level © 2012 Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in except useexcept as © 2012 Cengage Learning. All Rights Reserved. May not be copied, or duplicated, in part, whole or infor part, for use as permitted distributed with a certain product or service or otherwise on a password-protected website for classroom use. permittedinina alicense distributed a certain product or service or otherwise on a password-protected website for 9 of 36
Environmental Analysis • Environmental Scanning § The systematic monitoring of the major external forces influencing the organization. – Economic factors: general, regional, and global conditions – Industry and competitive trends: new processes, services, and innovations – Technological changes: robotics and office automation – Government and legislative issues: laws and administrative rulings – Social concerns: child care and educational priorities – Demographic and labor market trends: age, composition, literacy, and immigration © 2012 Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in except useexcept as © 2012 Cengage Learning. All Rights Reserved. May not be copied, or duplicated, in part, whole or infor part, for use as permitted distributed with a certain product or service or otherwise on a password-protected website for classroom use. permittedinina alicense distributed a certain product or service or otherwise on a password-protected website for 1– 10 10 of 36
Worksheet for Environmental Scanning © 2012 Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in except useexcept as © 2012 Cengage Learning. All Rights Reserved. May not be copied, or duplicated, in part, whole or infor part, for use as permitted distributed with a certain product or service or otherwise on a password-protected website for classroom use. permittedinina alicense distributed a certain product or service or otherwise on a password-protected website for 11 of 36
SWOT Matrix, with Generic Examples © 2012 Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in except useexcept as © 2012 Cengage Learning. All Rights Reserved. May not be copied, or duplicated, in part, whole or infor part, for use as permitted distributed with a certain product or service or otherwise on a password-protected website for classroom use. permittedinina alicense distributed a certain product or service or otherwise on a password-protected website for 12 of 36
Personal SWOT Analysis for Individuals © 2012 Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in except useexcept as © 2012 Cengage Learning. All Rights Reserved. May not be copied, or duplicated, in part, whole or infor part, for use as permitted distributed with a certain product or service or otherwise on a password-protected website for classroom use. permittedinina alicense distributed a certain product or service or otherwise on a password-protected website for 1– 13 13 of 36
Types of Corporate Strategies Corporate Strategy Possibilities Diversification Concentration Vertical integration Consolidation Geographic expansion © 2012 Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in except useexcept as © 2012 Cengage Learning. All Rights Reserved. May not be copied, or duplicated, in part, whole or infor part, for use as permitted distributed with a certain product or service or otherwise on a password-protected website for classroom use. permittedinina alicense distributed a certain product or service or otherwise on a password-protected website for 14 of 36
Strategic Planning Process • Strategic Human Resources Management (SHRM) § The pattern of human resources deployments and activities that enable an organization to achieve its strategic goals – Strategy formulation —providing input as to what is possible given the types and numbers of people available. – Strategy implementation —making primary resource allocation decisions about structure, processes, and human resources. © 2012 Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in except useexcept as © 2012 Cengage Learning. All Rights Reserved. May not be copied, or duplicated, in part, whole or infor part, for use as permitted distributed with a certain product or service or otherwise on a password-protected website for classroom use. permittedinina alicense distributed a certain product or service or otherwise on a password-protected website for 1– 15 15 of 36
Strategic HR Choices © 2012 Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in except useexcept as © 2012 Cengage Learning. All Rights Reserved. May not be copied, or duplicated, in part, whole or infor part, for use as permitted distributed with a certain product or service or otherwise on a password-protected website for classroom use. permittedinina alicense distributed a certain product or service or otherwise on a password-protected website for 16 of 36
Linking Strategic Planning and HRP • Strategic Analysis § What human resources are needed and what are available? • Strategic Formulation § What is required and necessary in support of human resources? • Strategic Implementation § How will the human resources be allocated? Human Resources Planning Strategic Planning © 2012 Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in except useexcept as © 2012 Cengage Learning. All Rights Reserved. May not be copied, or duplicated, in part, whole or infor part, for use as permitted distributed with a certain product or service or otherwise on a password-protected website for classroom use. permittedinina alicense distributed a certain product or service or otherwise on a password-protected website for 1– 17 17 of 36
Comparison of Selected Human Resource Practices in High-Performance and Low. Performance Companies © 2012 Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in except useexcept as © 2012 Cengage Learning. All Rights Reserved. May not be copied, or duplicated, in part, whole or infor part, for use as permitted distributed with a certain product or service or otherwise on a password-protected website for classroom use. permittedinina alicense distributed a certain product or service or otherwise on a password-protected website for 18 of 36
© 2012 Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in except useexcept as © 2012 Cengage Learning. All Rights Reserved. May not be copied, or duplicated, in part, whole or infor part, for use as permitted distributed with a certain product or service or otherwise on a password-protected website for classroom use. permittedinina alicense distributed a certain product or service or otherwise on a password-protected website for 1– 19 19 of 36
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